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Hi Sir,
For the options, there are two strike prices 95.5 and 96, why in the answer we don’t use the strike price 96 in our calculation?
Thank you
Provided that you have the time you should show the workings for both strike prices.
If you are short of time then just considering one of the strike prices will get you most of the marks because by doing show you will have proved that you understand how options ‘work’.
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